SmartRent, Inc. (SMRT)

NYSE: SMRT · IEX Real-Time Price · USD
3.76
-1.85 (-32.98%)
Aug 12, 2022 10:42 AM EDT - Market open
-32.98%
Market Cap 734.45M
Revenue (ttm) 128.84M
Net Income (ttm) -86.09M
Shares Out 195.33M
EPS (ttm) -0.71
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,671,880
Open 4.58
Previous Close 5.61
Day's Range 3.73 - 4.96
52-Week Range 3.55 - 15.14
Beta n/a
Analysts Buy
Price Target 6.96 (+85.1%)
Earnings Date Aug 29, 2022

About SMRT

SmartRent, Inc., an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. Its solution is designed to provide communities with visibility and control their assets while delivering cost savings and additional revenue opportunities through all-in-one home control offerings for residents. The company's products and solutions include smart apartments and homes, access control for buildings,... [Read more...]

Industry Software-Application
Founded 2017
Employees 639
Stock Exchange NYSE
Ticker Symbol SMRT
Full Company Profile

Financial Performance

In 2021, SmartRent's revenue was $110.64 million, an increase of 110.60% compared to the previous year's $52.53 million. Losses were -$71.96 million, 93.9% more than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SMRT stock is "Buy." The 12-month stock price forecast is 6.96, which is an increase of 85.11% from the latest price.

Price Target
$6.96
(85.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SmartRent, Inc. (SMRT) Reports Q2 Loss, Misses Revenue Estimates

SmartRent, Inc. (SMRT) delivered earnings and revenue surprises of -20% and 18.17%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

SmartRent Reports Second Quarter 2022 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”) today reported financial results for the quarter ended June 30, 2022. Second Quarter 2022 Financial Highli...

SmartRent Appoints SightPlan CEO Terry Danner as Executive Vice President of Sales

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #multifamily--SmartRent today announced the appointment of Terry Danner as its Executive Vice President of Sales.

SmartRent to Report Second Quarter 2022 Financial Results on August 11

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT), a leading enterprise technology company that provides a suite of hardware and cloud-based SaaS solutions through a comprehensive real es...

1 Real Estate Stock That Can Beat a Recession

As a property tech company, SmartRent is insulated from the cyclicality in the real estate industry.

SmartRent to Participate in Upcoming Investor Conferences

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and smart building automation for property owners, managers, developers,...

SmartRent Reports First Quarter 2022 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and smart building automation for property owners, managers, developers,...

Accomplished Marketing Leader and Real Estate Veteran Robyn Young Joins SmartRent as Chief Marketing Officer

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #cmo--SmartRent today announced the appointment of Robyn Young as the company's first chief marketing officer (CMO). She is joining the team on May 9, 2022.

SmartRent Appoints Hiroshi Okamoto as Chief Financial Officer

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #cfo--SmartRent is pleased to announce the appointment of Hiroshi Okamoto as chief financial officer.

SmartRent to Report First Quarter 2022 Financial Results on May 11

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, is...

SmartRent Reports Fourth Quarter and Full-Year 2021 Financial Results and Provides 2022 Guidance

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and smart building automation for property owners, managers, developers,...

SmartRent Acquires SightPlan, a Leading SaaS Provider of Property Operating Solutions

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent today announced the acquisition of SightPlan, a leader in multifamily workflow management.

SmartRent Named Winner in HousingWire Tech 100 Awards

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #housingwire--For the second consecutive year, SmartRent has been recognized as one of the most innovative companies in modern real estate by HousingWire.

SmartRent to Report Fourth Quarter and Full-Year 2021 Financial Results on Thursday, March 24

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent to Report Fourth Quarter and Full-Year 2021 Financial Results on Thursday, March 24

SmartRent Provides Business Update

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (the “Company” or “SmartRent”), a leading provider of smart home and smart building automation for property owners, managers, developers,...

SmartRent Appoints Brian Roberts as Chief Legal Officer

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Smart Rent Appoints Brian Roberts as Chief Legal Officer

SmartRent Acquires iQuue, East Coast Based Smart Home Service Provider

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent announces acquisition of iQuue, a regional smart home technology provider

SmartRent Announces Entry Into $75.0 Million Revolving Credit Facility

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent Enters into $75 Million Revolving Credit Facility

Ron Baron's Firm Makes 'Smart' Bet on Rental Market

Baron Funds recently released its 13F portfolio updates for the third quarter of 2021, which ended on Sept. 30.

Other symbols: GDSITUBSPOT

Why This Smart-Home Company Is Seeing Sales Double Year Over Year

SmartRent just reported its first quarter as a public company.

SmartRent Reports Third Quarter 2021 Financial Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. ("SmartRent" or the “Company”), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders...

CoinSmart Makes Public Markets Debut on the NEO Exchange

TORONTO--(BUSINESS WIRE)---- $SMRT #CoinSmart--CoinSmart Financial Inc. (NEO:SMRT), a Canadian-built cryptocurrency trading platform, is now trading on NEO.

SmartRent to Report Third Quarter 2021 Financial Results on November 10

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc., a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, is scheduled to...

SmartRent Announces Integration With AppFolio Property Manager

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent (NYSE: SMRT), provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, announced today it...

SmartRent to Participate in Zelman & Associates Spotlight Call

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent.com, Inc. (NYSE: SMRT) ("SmartRent" or “the Company”) a leading provider of smart home and smart building automation for property owners, managers, develope...